Whether becoming a homeowner is a decade out or you’re already house hunting, here’s where financial planners suggested keeping the funds:

10 years out:

If it’s going to be another decade until you plan to buy a home, there’s an opportunity to invest the savings and try to grow the money a little before you actually need it.

“This is a great time to get into the market because it’s low,” said Ellen Jordan, a certified financial planner and senior vice president at Bryn Mawr Trust.

But stocks come with risk.

“You’ve worked hard to save this money. The last thing you want to see is a drop in value that could prevent you from being able to purchase a home,” said Taylor Schulte, certified financial planner and CEO of Define Financial in San Diego.